GROUP PERFORMANCE PPS LIFE SOLUTIONS About PPS Life Solutions PPS Life Solutions is dedicated to developing and delivering world-class life-risk solutions for our members. PPS Life Solutions is responsible for a suite of offerings, which provide long-term life, accidental death, sickness, critical illness and disability insurance for graduate professionals, a niche with a distinct profile and unique needs. These solutions are created to provide them with peace of mind, security and wealth protection from as early as their fourth academic year of study through to graduation, throughout their working lives and in retirement. Further, unlike other offerings on the market, PPS members who have qualifying life-risk products automatically qualify for allocations to the PPS ProfitShare Account™, which is created for them and delivers unparalleled long-term value. Members who make claims do not forfeit this benefit and continue to earn interest and Profit-Share allocations until the age at which their benefits cease or upon their passing. Informed by the ethos of mutuality, our solutions offer many features and benefits that most competitive solutions do not. For example, our flagship solution, the PPS Sickness and Permanent Incapacity benefit offers far greater cover than similarly positioned solutions available on the market. The Sickness benefit is designed to support the member during an initial period of illness for up to 728 days. Importantly, to enjoy this benefit, a member must be employed, and uniquely, they do not have to experience a loss of earnings to receive the benefit. Another point of consideration is that PPS will pay the member a Sickness benefit if they cannot (totally) attend to their usual professional duties for seven (or more) consecutive days due to sickness or injury. Additionally, any financial benefit received during a period of illness is not aggregated from any other earnings that the member may have received during that time, nor does it impact any allocations they qualify for to their PPS Profit-Share Account™. In cases in which a member becomes permanently incapacitated, the Permanent Incapacity benefit replaces or supplements their income through to retirement, while their PPS Profit-Share Account™ balance continues to earn interest and/or allocations, where applicable. And, as our solutions are intended to offer added value that is specific to professionals, they include differentiated features such as international cover and cover for hazardous pursuits that some of our members engage in recreationally, such as scuba diving or piloting private aircraft, at no additional cost. As importantly, they benefit from a range of support and value-adding services for members, such as expert advisory services, innovative apps designed to meet their specific needs, practice management assistance, informative summits on issues such as retirement planning, wellness programmes, access to life coaching, discipline-specific conferences, workshops and courses that qualify them for continuing professional development (CPD) points, regular member updates and access to a community of like-minded people. 30 Group performance
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